Home India Ministry of Commerce and Industry Parliament Question: India–US Free Trade Agreement...
Date: 2025-08-05 Category: Not Applicable State: Union Government Country: India

Parliament Question: India–US Free Trade Agreement

Issued by Ministry of Commerce and Industry · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Summary:** In response to Lok Sabha Unstarred Question No. 2679 on August 5, 2025, the Ministry of Commerce and Industry addressed inquiries regarding the proposed India-United States Free Trade Agreement (FTA). The government confirmed active engagement in discussions with the United States on a Bilateral Trade Agreement (BTA), initiated in March 2025, aimed at expanding trade and investment and deepening the India-US trade relationship to promote growth that ensures fairness, national security and job creation. Five rounds of negotiations have occurred, with the most recent held in Washington, USA, from July 14-18, 2025. The government stated that to safeguard the interests of farmers and the domestic industry, international trade negotiations allow for the inclusion of sensitive, negative, or exclusion lists/categories of goods on which limited or no tariff concessions are granted. The response also noted that trade remedial measures, such as antidumping and safeguards on imports, are available to address import surges and injury to domestic industries, within mutually agreed-upon periods under FTAs. The Minister of State in the Ministry of Commerce and Industry, Shri Jitin Prasada, provided the response.

Key Entities Referenced

India-US Free Trade Agreement: A proposed free trade agreement between India and the United States, aimed at expanding trade and investment. United States: A country engaged in trade negotiations with India regarding the proposed India-US Free Trade Agreement. SHRI KODIKUNNIL SURESH: Member of LOK SABHA who raised questions regarding the India-US Free Trade Agreement. Ministry of Commerce and Industry: The Indian government ministry responsible for commerce and industry, involved in the India-US Free Trade Agreement negotiations. Indo-US Free Trade Agreement: Alternative name to India-US Free Trade Agreement SHRI JITIN PRASADA: Minister of State in the Ministry of Commerce and Industry, who answered the questions regarding the India-US Free Trade Agreement. IndiaUSA Bilateral Trade Agreement: Another name to India-US Free Trade Agreement Washington, USA: The city and country where the last round of India-US Bilateral Trade Agreement negotiations was held.
Official Source Record View Original Source →
See Full Document Text
GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE LOK SABHA UNSTARRED QUESTION NO. 2679 ANSWERED ON 05/08/2025 INDIA-US FREE TRADE AGREEMENT 2679. SHRI KODIKUNNIL SURESH: Will the Minister of COMMERCE AND INDUSTRY (वाणिज्य एवं उद्योग मंत्री) be pleased to state: (a) whether the Government is engaged in negotiations with the United States regarding a proposed Indo-US Free Trade Agreement (FTA) and if so, the details thereof along with the present status of such discussions; (b) whether the Government has conducted any assessment on the potential negative impact of the proposed FTA on lndia's agricultural sector, particularly on small and marginal farmers, if so, the details thereof; (c) whether concerns have been raised by the State Governments and stakeholders about the influx of subsidized agricultural imports and its effect on local markets and farmer incomes, if so, the details thereof; (d) the steps the Government is taking to ensure that agricultural interests of the States are protected during such international trade negotiations; and (e) whether the Government will commit to excluding sensitive agricultural commodities from tariff reductions or market access under any proposed agreement and if so, the details thereof? ANSWER वाणिज्य और उद्योग मंत्रालय में राज्य मंत्री (श्री णिणिन प्रसाद) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JITIN PRASADA) (a) to (c) Government of India is actively involved in the discussions on the India-USA Bilateral Trade Agreement (BTA) with the Government of the United States with the aim to expand trade and investment and deepening the India-US trade relationship to promote growth that ensures fairness, national security and job creation. India US bilateral Trade Agreement negotiations were launched in March 2025. Five rounds of negotiations have been held, the last being from July 14-18th, 2025 at Washington, USA. (d) to (e) To safeguard the interests of farmers and the domestic industry, international trade negotiations allow for the inclusion of sensitive, negative, or exclusion lists—categories of goods on which limited or no tariff concessions are granted. In addition, in case of surge in imports and injury to the domestic industry, a country is allowed to take recourse to trade remedial measures such as anti-dumping and safeguards on imports within the periods as mutually agreed to by the parties under FTAs. *****

Continue your research